Currently Bearing Manufacturing industry was strong

Precision backing bearing and other basic mechanical foundry industry for the country "Twelve Five" period focus on the development of the industry, in order to achieve economic growth target raised by the two organizations, infrastructure projects around the city set off a climax construction, railways, affordable housing, water, ports, airports, etc. intensive major projects started construction machinery manufacturing industry led the recovery, driving demand for construction machinery, bearing steel market demand also will be released. Meanwhile iron ore, coke, high-chromium steel raw material prices continued to run high, so that the bearing steel production costs continue to rise, driven by rigid cost, prompting steel prices rise, thereby further driving bearing steel market prices, these two positive factors stable growth stimulating domestic demand.
Currently Bearing Manufacturing industry was strong, steady bearing steel market will bring positive effects to the good. Number of substantial growth in demand for high precision bearing, such as aerospace bearings, machine tool spindle speed precision bearings, high-speed spindle bearings, precision bearings for machine tools photovoltaic industry, high-speed rail bearings, automotive bearings, crane sheave bearings and so on.